2014 Y2015 Y2016 Y2017 Y2018 Q2 YTD
Source Document12/31/201612/31/201712/31/201712/31/20176/30/2018
(in millions)     
Interest income 
Interest and fees on loans 1,7301,6861,7291,8471,011
Interest on money market investments 2123211913
Interest on securities 102124204326170
Total interest income 1,8531,8331,9542,1921,194
Interest expense 
Interest on deposits 5049495948
Interest on short- and long-term borrowings 12369386856
Total interest expense 17311887127104
Net interest income 1,6801,7151,8672,0651,090
Provision for loan losses (98)409324(35)
Net interest income after provision for loan losses 1,7781,6751,7742,0411,125
Noninterest income 
Service charges and fees on deposit accounts 16816817117184
Other service charges, commissions and fees 178187208217110
Wealth management and trust income 3131374225
Loan sales and servicing income 2931352513
Capital markets and foreign exchange 2326223015
Customer-related fees NA443473485247
Dividends and other investment income 4430244022
Fair value and nonhedge derivative income (loss) (11,390)NANANANA
Securities gains, net 13(127)7141
Fixed income securities gains (losses), net 10,419NANANANA
Impairment losses on investment securities (27)NANANANA
Less amounts recognized in other comprehensive income 0NANANANA
Net impairment losses on investment securities (27)NANANANA
Other 8111256
Total noninterest income 493357516544276
Noninterest expense 
Salaries and employee benefits 9569739831,011535
Occupancy, net 11612012512963
Furniture, equipment and software, net 11512312513065
Other real estate expense, net (1)(1)(2)(1)1
Credit-related expense 2829262913
Provision for unfunded lending commitments (9)(6)(10)(7)0
Professional and legal services 6650555426
Advertising 2525222213
FDIC premiums 3234405326
Amortization of core deposit and other intangibles 11986NA
Debt extinguishment cost 44,422NANANANA
Other 26522521322398
Total noninterest expense 1,6491,5811,5851,649840
Income before income taxes 621451705936561
Income taxes 223142236344126
Net income 398309469592435
Preferred stock dividends (72)(62)(48)(40)(17)
Preferred stock redemption 00(10)(2)0
Net earnings applicable to common shareholders 327247411550418
Weighted average common shares outstanding during the period 
Basic shares (in thousands) 192,207203,265203,855200,776196,149
Diluted shares (in thousands) 192,789203,698204,269209,653209,859
Net earnings per common share 
Basic 1.681.22.02.712.11
Diluted 1.681.21.992.61.97
Net income for the period 398309469592435
Other comprehensive income (loss), net of tax 
Net unrealized holding gains (losses) on investment securities 82(23)(74)(2)(175)
Reclassification of HTM securities to AFS securities 01100NA
Reclassification to earnings for realized net securities losses (6)8600NA
Reclassification to earnings for net credit-related impairment losses on investment securities 17NANANANA
Accretion of securities with noncredit-related impairment losses not expected to be sold 1,111NANANANA
Net unrealized gains on other noninterest-bearing investments 0(3)233
Net unrealized holding gains (losses) on derivative instruments 375(3)(3)
Reclassification adjustment for increase in interest income recognized in earnings on derivative instruments (2)(6)(7)(2)(1)
Pension and postretirement (13)1712NA
Effect of new tax rates from Tax Cuts and Jobs Act of 2017 NA00(25)NA
Other comprehensive income (loss) 6473(67)(17)(176)
Comprehensive income 463382402575259

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